DECC   Planning consent has been given for construction of the world’s first tidal lagoon, in a boost to moving towards a low carbon, home grown energy mix.

If built, turbines in the proposed six-mile horseshoe shaped sea wall around Swansea Bay in Wales could generate around 500GWh per year of low carbon electricity.

Separately from the planning consent, the project is still subject to Contract for Difference (CfD) negotiations to establish whether a tidal lagoon at Swansea Bay is affordable and value for money for consumers. Any decision to offer a CFD for the Swansea Bay Tidal Lagoon project would be subject to strict value for money considerations and affordability, and to State aid approval. To read more go to:

https://www.gov.uk/government/news/swansea-bay-tidal-lagoon-project-gets-green-light-on-planning

Mark Shorrock, chief executive of Tidal Lagoon Swansea Bay Plc welcomes the decision

‘What a day for Wales and the building of a Welsh Powerhouse! Thank you everyone in Swansea and Neath Port Talbot for supporting Swansea Bay Tidal Lagoon. Thank you to all the experts who contributed work to the 5000 …

For full press release click here , or visit our News page.